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Simple interest calculation
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2 votes
Simple interest calculation

Simple interest calculation-example-1
User Chanice
by
5.0k points

1 Answer

2 votes

Answer:

$ 1374.75

Explanation:

Simple interest = Principle amount * Rate * Time period / 100

= 9750 * 2.35 * 6 / 100

= $ 1374.75

User Gabriel Spiteri
by
4.5k points
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